February 5, 2023

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Chinese language new power car corporate NIO introduced Tuesday that its 200,000th car has rolled off the manufacturing line at its Hefei production base. From Would possibly 2018 to April 2021, it took NIO 3 years to deliver the full mass manufacturing of top-end sensible electrical automobiles from 10,000 to 100,000 gadgets. The second one 100,000 gadgets took the corporate just one yr.

NIO expects its R&D funding to greater than double in 2022 in comparison to that of 2021, and the choice of R&D group of workers will building up to 9,000 by means of the top of the yr. The company’s 2d manufacturing base, positioned within the Hefei Xinqiao Sensible Electrical Automobile Commercial Park, is progressing easily and is deliberate to be formally put into manufacturing within the 3rd quarter of this yr.

(Supply: NIO)

As well as, NIO‘s world structure has sped up. The corporate’s merchandise and system-wide services and products will formally arrive in Germany, the Netherlands, Sweden and Denmark this yr.

On Monday, about 25% of the workers of NIO’s Auto Tech Analysis Heart in Shanghai returned to paintings following citywide pandemic-induced lockdowns. The ones workforce individuals that experience returned might be controlled in a closed on-site loop to stop possible infections. Town of Anting in Shanghai, the place the plant is positioned, arrange a crew to offer them with common nucleic acid COVID detection services and products.

On April 9, NIO introduced the suspension of auto manufacturing. On account of the pandemic, NIO‘s provide chain companions in Jilin, Shanghai and Jiangsu stopped manufacturing one after every other. The portions stock was once exhausted and it needed to prevent manufacturing.

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In line with knowledge launched by means of the corporate, in March 2022, NIO delivered 9,985 new vehicles, a year-on-year building up of 37.6%. Within the first quarter of 2022, it delivered a complete of 25,768 new vehicles, an building up of 28.5% year-on-year, and maintained certain expansion for 8 consecutive quarters. As well as, the company’s electrical flagship sedan ET7 began supply, and 163 gadgets were delivered by means of the top of March.

Then again, within the first 3 months of this yr, NIO‘s per month gross sales quantity ranked under the highest 3 main new car-making corporations. As well as, when put next with those corporations, which come with Li Auto and XPeng, NIO‘s gross sales expansion is clearly weaker.

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